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Bitcoin News
TheNewsCrypto
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Bitcoin (BTC) Slides Under the Bearish Cloud at $62K
- Bitcoin (BTC) is currently hovering at $62K after losing 0.42% in the last 24 hours.
- BTC has entered into the neutral zone as the Fear and Greed Index stays at 49.
- Bitcoin's intraday high was $63,174 and the low was $61,843.
- BTC is facing a bearish trend as the Moving Average Convergence Divergence (MACD) indicator suggests decreased buying pressure.
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Altcoinbuzz
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Coinbase Now Supports Bitcoin Transactions to Taproot Wallets
- Coinbase now supports Bitcoin transactions to Taproot wallets.
- Taproot is an upgrade for Bitcoin that improves functionality and privacy.
- With this update, Coinbase users can send Bitcoin to wallets supporting Ordinals and Runes.
- This update opens up new possibilities for projects and innovation in the Bitcoin community.
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Coinpedia
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Is HBO’s Documentary Just Another Conspiracy Theory on Satoshi?
- The HBO documentary 'Money Electric: The Bitcoin Mystery' has faced criticism for its baseless revelation of the identity of Satoshi Nakamoto.
- The documentary presented Peter Todd as Satoshi but failed to provide enough evidence to support the claim.
- Peter Todd strongly denies the allegations made by the documentary and clarifies that he was just correcting Satoshi's statement.
- The crypto community has rejected the documentary's theory, comparing it to conspiracy theories and demanding concrete evidence.
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Bitcoinchaser
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This Week’s New Casino Games on Shuffle: October 7-11, 2024
- Shuffle has launched several new casino games for its players including Fortune Hit’n Roll by Pragmatic Play, Joker’s Wild Ride – Halloween by Spinomenal and Rabid Randy by Netent.
- Fortune Hit’n Roll has a 5×5 slot grid with 40 paylines and Wild symbols that can turn into Forged Wilds. The game also offers free spins and a chance to trigger bonus games which can be triggered when all Wilds become sticky.
- Joker's Wild Ride- Halloween allows players to win up to 50 free spins with special features such as Extra Wilds and Re-Spin Expanding Wilds.
- Rabid Randy by Netent is a high-volatility, diamond-shaped slot featuring 20 paylines. Players can win free spins where the multiplier can go up to 1,000x.
- Super Twins by Backseatgaming offers special features like a wheel that can make the game more exciting by deciding the number of free spins you get.
- El Dorado Fruits by Amigo is an online slot that features 100 paylines. It offers a vibrant atmosphere with a mix of historical and fruity symbols, expanding wild symbols along with scatter symbols that enhance gameplay.
- On Thursday, October 10th, 2024, Shuffle will launch 11 new games such as Howling for Gold by Booming and Chests of Cai Shen by Pragmaticplay.
- Shuffle updates its list of games every week to keep players informed about the latest and best options, giving more chances to win great prizes.
- Enjoy this week’s games, and don’t forget to check back next week for even more new titles and opportunities to win!
- Stay tuned for more details as the week goes on, and we’ll keep you updated on the latest from Shuffle!
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Newsbtc
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Bitcoin Price Surge In 2024 Not Enough To Beat Gold’s Risk-Adjusted Returns – Details Here
- Goldman Sachs report states that Bitcoin's price surge in 2024 was not enough to beat gold's risk-adjusted returns.
- Bitcoin saw significant gains in 2024, surging from $42,000 to $73,000, but its volatility overshadowed its price performance.
- Gold, with a risk-adjusted return of 3% and strong gains of 28%, reaffirms its position as a safe haven asset.
- Analysts have differing opinions, with some predicting that Bitcoin will outperform gold in the future, while others believe gold will remain irreplaceable.
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Altcoinbuzz
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Samsung Pay Adds Crypto Payments via Alchemy Pay
- Alchemy Pay has added Samsung Pay as a payment platform for its virtual crypto card.
- Samsung Pay, with over 1 million payment locations, offers a massive reach for crypto payments.
- The virtual card is available in 173 countries and can be used on various platforms.
- Alchemy Pay also offers support for multiple fiat currencies and is connected to major CEXes and DEXes.
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Bitcoinsensus
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WazirX Founders Meet Authorities Amid $234M Crypto Hack
- WazirX, one of the biggest crypto exchanges in India, has suffered a $234M crypto hack, losing 45% of its assets from an Ethereum wallet.
- Indian authorities, including FIU, IB, and CERT-In, are investigating whether internal involvement is responsible for the hack.
- WazirX's parent company, Zettai, is undergoing restructuring and forming a Committee of Creditors (COC) to secure emergency funding.
- WazirX founders recently met with officials from FIU, IB, and CERT-In to provide information and assist in the investigation.
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5 Likes
Altcoinbuzz
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Scroll Launches SCR Token, Airdrop Set for October 22nd
- Scroll is launching the SCR token and has set an airdrop for October 22nd.
- SCR token is designed to help govern the Scroll network and will also become a utility token.
- Total supply of SCR will be 1 billion tokens, with 15% given away in an airdrop.
- Scroll uses zero-knowledge rollups technology, making transactions faster and more efficient.
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Bitcoinchaser
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Are You Ready For Duelbit’s Mystic Mac’s Playtime Tournament?
- Get ready for the Mystic Mac's Playtime Tournament featuring Duelbit's brand ambassador Conor McGregor.
- Participants have a chance to compete for a share of the $3,000 prize pool.
- McGregor will randomly boost the points of some players, improving their chances on the leaderboard.
- The tournament takes place on Mondays and Thursdays, and players can opt-in by making a minimum bet of $0.20 per spin.
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Blockonomi
1M
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Babylon’s Second Bitcoin Staking Round Draws $1.5 Billion in Deposits
- On October 8, 2024, Babylon, a Bitcoin staking platform, completed its second staking round with a significant increase in deposits.
- Total deposits rose from about 1,000 BTC to approximately 24,000 BTC ($1.5 billion).
- The staking round lasted for 10 Bitcoin blocks, with a 500 BTC per transaction limit.
- Babylon aims to provide Bitcoin’s security to new protocols and decentralized applications.
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25 Likes
Newsbtc
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350
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ETH’s Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?
- Ethereum (ETH) is experiencing volatility, raising concerns about its price sustainability.
- If ETH maintains support above $2,300, it could rally towards $6,000, a 150% increase from current levels.
- Failure to hold above $2,300 may lead to a drop to $1,600, a decline of nearly 34%.
- Ethereum is currently underperforming compared to the broader crypto market and has lost key moving averages.
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Bitcoinist
1M
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Revolut’s Crypto Security Measures Prevents $13.5 Million In Potential Losses
- Global fintech Revolut has prevented over $13 million in potential losses in the last three months using its crypto-specific measures and transaction monitoring to tackle criminal activity.
- Revolut, with over 45 million customers worldwide, has enhanced its crypto-specific security measures to protect customers from fraud and has stopped around $13.5 million in potential fraudulent transactions from its platform.
- The company's proactive approach aims to prevent crypto fraud at the source, using measures such as selfie verification, biometric assessments, and real-time transaction monitoring.
- Despite these efforts, the industry continues to face challenges, with phishing being the costliest type of scam, resulting in over $343 million in losses in the third quarter of 2024.
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Altcoinbuzz
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265
Palau Launches Blockchain Savings Bonds for Community Growth
- Palau has launched a blockchain-based savings bonds initiative called Palau Invest to raise funds for local projects.
- The government has partnered with Soramitsu, a blockchain technology company, to create the system.
- The savings bonds allow citizens to invest in projects that benefit their community and earn interest in return.
- The project is currently in the testing phase, with a public demonstration already underway.
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Coinjournal
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413
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Peter Todd denies he’s Satoshi Nakamoto after HBO documentary
- Bitcoin core developer Peter Todd has denied being Satoshi Nakamoto, the mysterious inventor behind Bitcoin, after being named in an HBO documentary.
- In the documentary, Todd jokingly claimed to be Satoshi Nakamoto, but he also mentioned that he was Craig Wright, indicating it was not a serious confession.
- The director of the documentary, Cullen Hoback, pointed to a 2010 web forum post by Todd as evidence, suggesting it was mistakenly sent from Todd's account instead of Satoshi's.
- Despite the speculation, Todd's denial and previous statements, such as 'I am Satoshi, as is everyone else,' suggest that he is not the true identity of Satoshi Nakamoto.
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readwrite
1M
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HBO film claims Peter Todd may be Bitcoin creator Satoshi, developer denies it
- HBO’s documentary claims Peter Todd as a possible candidate for being Satoshi Nakamoto.
- Peter Todd denies being Satoshi Nakamoto and calls the documentary irresponsible.
- Director Cullen Hoback stands by the claims and says Todd had the opportunity to explain himself.
- Speculation continues regarding the true identity of Bitcoin's creator.
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